CFS Advisory Board member Richard Sandor and his co-authors Murali Kanakasabai, Rafael Marques, and Nathan Clark, recently released Sustainable Investing and Environmental Markets: Opportunities in a New Asset Class.
With a combination of over 50 years of practical experience in the field of environmental finance, the authors provide a solid preliminary understanding of the promising and transformational new investment category of environmental assets. There is currently no equivalent book in the market that covers environment-financial issues from a practitioner’s standpoint. Bringing together economic theory and practical experience, the twelve chapters cover three broad asset classes: air and water; catastrophic and weather risk; and sustainability. It demonstrates how these environmental asset classes are being incorporated into commodities, fixed income, and equity instruments. The book concludes with some insights into the current state of this emerging asset class, some “food for thought” and an analysis of future trends.
The book’s foreword is by world-renowned energy and sustainability expert Amory Lovins, co-founder and chief scientist of the Rocky Mountain Institute.
The foreword and chapter 1 of Sustainable Investing and Environmental Markets can be read here.